Yesterday, the Ras Al Khaimah government announced a package of incentive measures and facilities covering the various business sectors in the emirate.
A statement issued yesterday stated that the incentive measures varied according to three levels: canceling or postponing some payments, providing consultations, and assisting in marketing according to the nature of the work in each party.
Among the most important incentive measures: a 25% exemption decision on fees for renewing closed commercial licenses, and extending the renewal period of commercial licenses 60 days from the date of their expiry, and the support package included exemptions from fees imposed on marketing permits for a period of two months during the current year in the event of a crisis ending , And exempting hotels, resorts and tourist activities from commercial registration fees during the closing period.
In turn, the Ras Al Khaimah Municipality Department exempted tenants in the markets owned by the municipality from renting for three months, exempting advertising companies from paying rent for a period of three months, and exempting companies from paying rental documentation premiums over a year starting from the moment of renewing the license, in addition to exempting from Paying fees for licenses for external occupations of roads and utilities, and reducing fees for issuing health cards to workers.
For its part, the Environmental Protection and Development Authority announced an initiative that exempts all companies from fines for environmental violations committed before March 31, and suggested that companies replace them with planting a number of trees provided that this number is determined according to the value of each violation.
The authority also announced a 25% reduction in the value of violations imposed on companies and industrial facilities whose total value of environmental violations does not exceed 50 thousand dirhams during the period between the first of April and 31 December 2020.
For its part, the General Resources Authority issued exemptions from fees for commercial vehicles for the investor category, up to the beginning of October 2020, in addition to 50% exemptions on (protection) violations that are paid until the beginning of October 2020 also, provided that these violations have occurred Earlier for this announcement.
For its part, the Ras Al Khaimah Economic Zones Authority (RAKZ) launched a package of incentives, with the aim of supporting the companies operating under its umbrella, which number more than 15,000 companies, including the exemption from renewing commercial licenses for a period of three months, flexible options for payment in installments, and a complete exemption from The amount of insurance on new residence visa applications, a 25% discount on new residence visas for family members, a full exemption from penalties for delay in renewal, a full exemption from fee postponement of checks, a full exemption from fees for discount packages, and a full exemption from activity change fees.
The Ras Al Khaimah Chamber of Commerce and Industry approved a 50% exemption for permits for external exhibitions until the end of 2020, and a 25% exemption for consumer and specialized exhibitions held at the RAK exhibition halls until the end of 2020.